3 ms·

This one is a little harder to swallow since the alternative is shutting down the service with no cash in hand. Surely there was a deal on the table to keep the

• jmathai 12y ago
  The terms still have to be compelling to be acquired. Acquisition isn't a panacea by any means. The details can make shutting down a company more attractive then going through with the acquisition. A simple example is an acquisition that doesn't sound terribly exciting, pays out money in earn outs and puts those earn outs 4 years into the future. Sometimes it's better to just get on with your life...
  • pbreit 12y ago
    If the monthly burn wasn't too bad, I'd consider taking it on.